Tag Archives: Adam Smith

Red-Blooded Americanism

20 Oct 2013: Capital (Ch. 33, “The Modern Theory of Colonization,” 1867, Karl Marx) Up to now I don’t think I’ve read anything as economically clear yet as theoretically aligned with the American dream as this final chapter of Volume … Continue reading

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Capital Beginnings

10 Oct 2013: Capital (Ch. 24, “The Transformation of Surplus-value Into Capital,” 1867, Karl Marx) Anyone who thinks Marx’s worldview can be reduced to something as simple as “capitalists are awful; capitalism is terrible” – i.e. anyone who acts as … Continue reading

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